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Explain organization viability and success

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Reference no: EM132829468

For most organizations, understanding the competitive environment is a strategic activity, keeping a constant eye to the ground on what is going on with competitors and industry trends. Continuous improvements in quality, along with maximizing total costs are other areas that need constant focus, along with gaining inputs from employees and other stakeholders in the specific and general environments.

In your opinion, which environment is most essential to the organization's viability and success? Please share some supporting examples.

Reference no: EM132829468

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